merger

AT&T, T-Mobile merger lawsuit to be postponed or withdrawn by DOJ

AT&T, T-Mobile merger lawsuit to be postponed or withdrawn by DOJ

According to the Wall Street Journal, the antitrust lawsuit against AT&T's T-Mobile merger may be either postponed or withdrawn by the Department of Justice sometime next week. DOJ lawyer Joseph Wayland explained that the expedited court proceedings were no longer needed since AT&T had withdrawn its merger application from the FCC. But this isn't necessarily good news for AT&T.

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AT&T & T-Mobile mulling joint venture if acquisition deal falls apart

AT&T & T-Mobile mulling joint venture if acquisition deal falls apart

Judging from all the rumors, it seems like that AT&T is looking at all of its remaining options in light of its withdrawn attempt to acquire T-Mobile USA from parent company Deutsche Telekom AG. Wall Street Journal gives us the latest possible scenario, which is the possibility of AT&T and Deutsche Telekom teaming up together for a joint venture should the acquisition deal ultimately fall apart. And this would be apparently be a partnership that would entail the two telecom giants pooling their infrastructure together.

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FCC allows AT&T to withdraw T-Mobile deal, to release findings today

FCC allows AT&T to withdraw T-Mobile deal, to release findings today

During a conference call today, the FCC announced that it will accept AT&T's request to withdraw its application for the T-Mobile merger. The agency also revealed that it will be releasing findings today of what it uncovered from reviewing the merger application, but some portions will be redacted.

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AT&T tries to save T-Mobile bid with Leap Wireless deal

AT&T tries to save T-Mobile bid with Leap Wireless deal

One of the tricks that some analysts are saying AT&T might be able to use to revive its dying deal to purchase T-Mobile is to agree to sell off more of the T-Mobile assets to other carriers. The catch is that the sell off would need to be made to a smaller carrier according to some rather than to Verizon. AT&T has apparently decided to try that tactic.

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AT&T considers bigger asset sale to save T-Mobile deal

AT&T considers bigger asset sale to save T-Mobile deal

AT&T's bid to purchase T-Mobile for $39 billion has collapsed following reports that the FCC was requesting an administrative hearing regarding the deal. In a pre-emptive move, AT&T withdrew its T-Mobile proposal from the FCC and added the $4 billion breakup charge to its Q4 2011 finances. However, a source from Bloomberg is now claiming that AT&T may be considering one last plea of offering to sell more assets to save the T-Mobile deal.

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AT&T, T-Mobile deal faces new obstacle from FCC

AT&T, T-Mobile deal faces new obstacle from FCC

AT&T's bid to purchase T-Mobile for $39 billion is facing another setback. The deal is already being challenged by the Justice Department, which has filed a lawsuit against the merger back in August. And now, according to the WSJ, the FCC is requesting an administrative hearing on the proposed deal. It's rare for the FCC to do this and it's not a good sign for AT&T and T-Mobile.

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Motorola Mobility shareholders give the nod to Google merger

Motorola Mobility shareholders give the nod to Google merger

Back during the summer, Google decided that it has the OS wrapped up with Android and wanted to add hardware maker to its bag of tricks. That meant that the search giant went looking for a mobile device maker to gobble up. Google ended up going with Motorola and offered to buy the mobility side from Motorola for $12.5 billion.

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Kobo bought by Japan’s Rakuten for $315 million

Kobo bought by Japan’s Rakuten for $315 million

The Kobo e-reader, which currently competes with Amazon's Kindle and the Barnes & Noble Nook, may be getting a boost soon with new backing from Japan's version of Amazon, a large e-commerce operator called Rakuten. The Japanese company is purchasing Kobo for $315 million and intends to rapidly grow its user base around the world.

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AT&T delays closing date for T-Mobile acquisition

AT&T delays closing date for T-Mobile acquisition

AT&T's bid to purchase T-Mobile for $39 billion has been facing plenty of regulatory anti-trust scrutiny and now the target closing date for the acquisition has been pushed further back. Originally expected to complete by the first quarter of 2012, the merger is now estimated to complete sometime in the first half of next year, adding another 3 months to the time table.

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Google faces second DOJ info request on Motorola deal

Google faces second DOJ info request on Motorola deal

Google's $12.5 billion bid for Motorola may be facing some hurdles. Dennis Woodside, the company's senior VP in charge of the takeover, revealed in a post that the Department of Justice has sent a second request for information. This could be a sign that there are still more serious concerns, however, Woodside downplayed the significance and expressed confidence in the deal going through.

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AT&T, T-Mobile merger trial set for February 13

AT&T, T-Mobile merger trial set for February 13

AT&T's bid to purchase T-Mobile for $39 billion may have to wait until at least past February of next year. A trial date for February 13 was set today by US District Judge Ellen Segal Huvelle in the antitrust lawsuit filed by the US Department of Justice joined by seven states against the AT&T and T-Mobile merger.

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Seven states join DOJ against AT&T, T-Mobile deal

Seven states join DOJ against AT&T, T-Mobile deal

AT&T's bid to purchase T-Mobile for $39 billion is now facing more opposition. The US Department of Justice had filed an antitrust complaint in late August, seeking to block the merger, and now seven states have joined in on the effort. The original parties were set to submit a joint plan today with a settlement hearing scheduled for September 21.

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